FIDES Capital Partners, LLC ("FIDES") announces that it has been retained by the Board of Directors of a private real estate company to evaluate a proposed financial restructuring in light of property, market and financial challenges to the company’s real estate assets.
FIDES Capital Partners, LLC (“FIDES”) announces that is engaged and currently working on the following representative transactions:
$70MM equity and debt financing on a mixed-use redevelopment project.
$50MM equity and debt recapitalization on a CBD student housing asset.
$40MM preferred equity investment on $120MM student housing acquisition.
$7MM construction financing on the second phase of a student housing development.
$5MM equity investment on a value-add student housing acquisition.
Undisclosed buy-side M&A engagement within the multifamily mortgage finance industry.
FIDES Capital Partners, LLC (“FIDES”) announces that it has been retained by a multifamily owner-operator to assist it in institutionalizing its asset management and investor reporting functions. The client specializes in acquiring, renovating and managing workforce housing properties in the Southwestern United States.
FIDES Investment, LLC ("FIDES") announces the successful conclusion of a property management assignment on a 6,500 square foot office building located in Arlington Heights, IL. In December 2015 FIDES was appointed as the Receiver for the office building on behalf of Wintrust Financial. After Wintrust completed a foreclosure of the property, FIDES was hired as the property manager and successfully renewed a major tenant for a 5-year term at above market rents, assisted in the buyout of an existing tenant, and facilitated the relocation of another tenant to a vacant space in the building. The renewal, tenant buyout and tenant relocation were integral to the eventual sale of the building to a third-party which plans to use some of the vacant space for its own business.
FIDES is a real estate advisory and investment firm. We approach every real estate opportunity from a principal's perspective. Please check-out our Overview by clicking here.
FIDES Capital Partners, LLC ("FIDES") is pleased to announce that it has successfully advised its client, a national multifamily housing developer, on the formation of a strategic venture with an institutional multifamily property management company. The strategic partnership will start with a $600 million portfolio, and will expand through co-development and investment opportunities throughout the U.S.
FIDES Capital Partners, LLC ("FIDES") announces that Gregg Handrich was appointed as the Receiver on for an office building condominium on behalf of a regional bank. The property is located in Fox River Grove, IL.
FIDES Capital Partners, LLC ("FIDES") arranged the sale of Grayslake Plaza on behalf of the Seller, a regional financial institution. Grayslake Plaza is a 41,000 square foot shopping center located at 815-829 E Center St. Grayslake, IL.
FIDES Capital Partners, LLC ("FIDES") announces two new appointments as Receiver and Property Manager.
FIDES Capital Partners, LLC ("FIDES") announces the appointment as the leasing and property management agent on September 1, 2015 for a 41,000 square foot shopping center in Grayslake, IL on behalf of Wintrust Financial.
FIDES Capital Partners, LLC ("FIDES") announced today that Peter Suazo and Gregg Feldkamp have joined the firm. Mr. Suazo, who joined as a Principal, will focus on capital raising for real estate clients, as well as assisting real estate operating companies evaluate strategic alternatives.
FIDES Capital Partners, LLC ("FIDES") announces that it has arranged the sale of a note secured by a first mortgage position on a 99-unit apartment project located in Bentonville, Arkansas on behalf of Wintrust Financial. Gregg Handrich of FIDES said, " Wintrust was looking for a quick note sale execution at a minimum discount to help manage their balance sheet.
FIDES Capital Partners, LLC ("FIDES") announces that Gregg Handrich was appointed as the Receiver on March 25, 2015 for a 6,500 square foot mixed use property containing office and residential units on behalf of Wintrust Financial. The property is located in downtown Chicago on LaSalle Street.
FIDES Capital Partners, LLC ("FIDES") announces that one of its Principals, Gregg Handrich, has been named as the court-appointed receiver for a distressed mixed-use building located in Illinois.
FIDES Capital Partners, LLC ("FIDES") announced today that it has formed a strategic alliance ("Alliance") with a global consumer finance and investment firm to source investment and financing opportunities in the consumer finance and small-balance commercial markets.
FIDES Capital Partners, LLC ("FIDES") announces that one of its Principals, Gregg Handrich, has been named as the court-appointed receiver for a distressed 222-unit multifamily project located in Illinois.
FIDES Capital Partners, LLC ("FIDES") announced today that Gregg Handrich has joined the firm as a Principal. Mr. Handrich will focus on working with clients to acquire, underwrite and finance assets where FIDES can co-invest.
FIDES Capital Partners, LLC, the Lake Forest based real estate investment bank, announced today that the level of strong market activity the firm experienced in 2011 continues to accelerate into 2012, evidence of growth in niche market sectors.
